The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had eliminated middlemen from the oil and gas industry value chain and contributed to shortening the oil industry contracting cycle to six months, courtesy of the three Presidential Directives on Local Content operations issued by President Bola Tinubu in March 2024.
The Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe stated this in Lagos while speaking at a breakfast meeting with some media executives.
The NNPC Ltd has acknowledged recent reports in national newspapers regarding the company's significant debt to petrol suppliers, reports ITREALMS.
According to the Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, this financial strain has placed considerable pressure on the company and poses a threat to the sustainability of fuel supply.
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The Alake of Egbaland, Oba Adedotun Aremu Gbadebo, Okukenu IV, has applauded the regulatory strides of the Nigerian Communications Commission (NCC) in ensuring accelerated growth of telecommunications sector, thus making the sector a flagship enabler of Nigeria's prosperity.
The Paramount Ruler gave the commendation when the Executive Commissioner, Stakeholder Management (ECSM) of NCC, Adeleke Adewolu, led a delegation of NCC staff to the state where the maiden edition of the Village Square Dialogue (VSD) was organised by NCC in Abeokuta.
